saveliberty
Diamond Member
- Oct 12, 2009
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All this deficit talk needs to stop for now. We are not ready to have this conversation. The deficit is not the biggest problem we need to be addressing right now. It's jobs! American's need jobs. Since the private sector won't start hiring until demand is up, then the public sector has no choice but to step in and spend this economy back to growing again. Once that occurs, demand will be up, the private sector will take over and then, only then, can the government turn their attention to deficit reduction.
We already had QE 1 to 3. The Mother of all bailouts. It didn't work then and it won't work now. Discretionary spending needs to grow, but Obama's plan is to remove some of that through taxation. Genius move, not.